Shore Capital Group Reaffirms Hold Rating for tinyBuild (LON:TBLD)

tinyBuild (LON:TBLD)‘s stock had its “hold” rating reiterated by equities researchers at Shore Capital Group in a research report issued to clients and investors on Thursday,Digital Look reports. They currently have a GBX 8.50 target price on the stock. Shore Capital Group’s price target would indicate a potential downside of 8.90% from the stock’s previous close.

tinyBuild Stock Up 0.9%

Shares of LON:TBLD opened at GBX 9.33 on Thursday. The stock’s 50-day moving average price is GBX 7.71 and its two-hundred day moving average price is GBX 7.34. The company has a current ratio of 0.94, a quick ratio of 3.88 and a debt-to-equity ratio of 0.20. tinyBuild has a 12-month low of GBX 5.50 and a 12-month high of GBX 12. The firm has a market cap of £36.69 million, a price-to-earnings ratio of -9.33 and a beta of -0.43.

tinyBuild Company Profile

Founded in 2013, tinyBuild (AIM: TBLD) is a global video games publisher and developer, with a catalogue of more than 70 premium titles across different genres. tinyBuild’s strategy is to focus on its own intellectual property (IP) to build multi-game and multimedia franchises, in partnership with developers.

tinyBuild is headquartered in the USA with operations stretching across the Americas and Europe. The Group’s broad geographical footprint enables the Company to source high-potential IP, access cost-effective development resources, and build a loyal customer base through its innovative grassroots marketing.

tinyBuild was admitted to AIM, a market by the London Stock Exchange, in March 2021.

For further information, visit: www.tinybuildinvestors.com.